Live updates: Bolton home raided by FBI; Powell signals interest rate cut likely ...Middle East

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Live updates: Bolton home raided by FBI; Powell signals interest rate cut likely

The FBI reportedly raided the home of former national security adviser John Bolton, who has been a vocal critic of President Trump and the White House, early Friday. The search, two sources told The Hill's sister network NewsNation, is related to classified documents.

Federal Reserve Chair Jerome Powell is also speaking Friday morning in Jackson Hole, Wyo. The high-stakes remarks come under the cloud of withering Trump criticism and surprising recent economic reports. Following a dismal jobs report, the Fed chief signaled an interest rate cut could be on the horizon.

    GOP state lawmakers in Texas later Friday are slated to approve new voting maps after California passed a dueling plan, teeing up a national redistricting war ahead of the 2026 midterm elections.

    Gov. Gavin Newsom (D-Calif.) lauded the adoption of an upcoming special election to redraw voting maps, which was prompted by GOP-led efforts in Texas — backed by President Trump — to boost the Republican majority in Congress.

    The Texas state Senate will gather around 11 a.m. EDT to vote on the plan after weeks of back-and-forth with state Democrats, who fled the state to delay votes.

    Meanwhile, in Washington, the president is expected to make an announcement at 12 p.m. EDT.

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    Follow along all day for news on this and more.

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